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Category :
market
Headline :
Pre-Session: GIFT Nifty signals a negative start; Asian markets mixed
Date:
27/03/2024 08:49
The benchmark Sensex and Nifty indices are likely to open on a negative note on March 27 as trends in the GIFT Nifty indicate a weak start for the broader index with a loss of 44 points.
Among individual stocks, Cipla will be in focus after the pharma firm entered into an exclusive partnership with Sanofi India to boost access to Sanofi's Central Nervous System (CNS) medications across India.
That apart, SpiceJet too may see some action after the low-budget carrier inked an agreement with aircraft lessor Export Development Canada (EDC) to settle liabilities worth Rs 755 crore.
On Tuesday, the 30-share benchmark index ended at 72470.3 down by -361.64 points or by -0.5 % and then NSE Nifty was at 22004.7 down by -92.05 points or by -0.42 %.
On the global front, In Asia this morning, Nikkei gained 0.8 per cent. Straits Times and Taiwan added 0.4 per cent and 0.1 per cent. On the other hand, Hang Seng slipped 1 per cent, and Shanghai Composite was down 0.5 per cnet.
Overnight in the US, benchmark indices ended in red for the third straight day as investors awaited economic data to gauge Fed's policy path. The focus remains on Personal Consumption Expenditure Price Index (PCE) due on Friday. Dow slipped 0.1 per cent in late deals. The S&P 500 and Nasdaq ended 0.3 per cent and 0.4 per cent lower.
Back home, Top traded Volumes on NSE Nifty – Tata Steel Ltd. 52965508.00, Power Grid Corporation of India Ltd. 28477120.00, HDFC Bank Ltd. 28422145.00, State Bank of India 14678342.00, HDFC Life Insurance Company Ltd. 13822598.00,
On NSE, total number of shares traded was 34.71 Crore and total turnover stood at Rs. 98576.32 Crore.
On NSE Future and Options, total number of contracts traded in index futures was 413563 with a total turnover of Rs. 37685.06 Crore. Along with this total number of contracts traded in stock futures were 3489438 with a total turnover of Rs. 292082.45 Crore. Total numbers of contracts for index options were 404228587 with a total turnover of Rs. 33360328.47 Crore. and total numbers of contracts for stock options were 5854678 with a total turnover of Rs. 519314.98 Crore.
The FIIs on 26/03/2024 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 16805.40 Crore and gross debt purchased stood at Rs. 530.70 Crore, while the gross equity sold stood at Rs. 20676.83 Crore and gross debt sold stood at Rs. 4075.41 Crore. Therefore, the net investment of equity and debt reported were Rs. -3871.43 Crore and Rs. -3544.71
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